Trading Calls: Bajaj Finance, Shriram Transport Finance & Induslnd Bank No ratings yet.

Trade Date- 06/04/2018

(1) Bajaj Finance: The stock is in an intact uptrend and looking very bullish in short term. The counter may be bought above the threshold levels 1924/- for targets mentioned below.

Technical pattern: Uptrend

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >1925 1875 1965 2010

(2) Shriram Transport Finance: The stock has formed a long white candlestick and has shown a good volume breakout in the last trading session which suggest higher levels in the counter.

Technical pattern: Volume breakout

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >1549 1515 1580 1635

(3) Induslnd Bank: The stock is trading above all major support levels and seems appropriately placed for yet another up move. Any break above 1840/- odd levels may again trigger fresh demand in the counter.

Technical pattern: SMA crossover

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >1842 1815 1875 1925

Disclaimer: All views expressed in this site are for reference only. Readers must consult their own investment adviser  before taking any investment/trading decision. We hold no financial liability to any user on account of use of information provided on this website.

Please rate this

Author: Traders' Chowk

27 thoughts on “Trading Calls: Bajaj Finance, Shriram Transport Finance & Induslnd Bank

  1. Hi, could not sell Maruti at 150 but later managed to sell at 140, any scope of buying Maruti at 9065 tommorow?
    Any suggestions on Nestle? Please

    1. Maruti looks good above 8990/- odd levels which stands as a immediate support for the stock.

      Nestle is also looking good and may be bought for short term/ long term. Bullish on both time frames, you just need to nail the right levels for entry and exit.

      The crux is to buy a right stock at right levels. A right stock bought at wrong levels may affect your whole P&L!

  2. Hello ma’am
    Kindly share ur views on jubilant foods, GPIL & lupin
    Can we enter at this level any of the above one stock.

  3. Hi, what’s your view on Grasim…is it advisable to go long in futures. Your expert comments plz…thks

    1. Unlike others segment, Futures positions needs high level of accuracy, exact entry and exit points because even a few points move in opposite direction may lead to huge losses. Having said that, Grasim is a good stock but at this price of 1083/- not appropriately placed to initiate a fresh futures position.

      May be bought above 1106-1107, for long positions in futures

  4. I HAVE ,
    TATA MOTERS @ 470
    LUPIN @ 780
    MCX @ 825
    SHORT TERM TRADERS
    ONLY EQUITY CASH ON DELIVERY BASIS
    ANY SUGESTION FOR ME
    THANKU

  5. Hello Dr.Priyanka, kindly update trading for April 10th. I must add that your Trading calls is absolutely seamless with 100% quality analysis …IndusInd bank was really bang on today. Very pleased to be associated with Traders Chowk expertise.

  6. Biocon is not a suitable counter to go short or at least, at this point of time it doesn’t look appropriate as a shorting candidate. There are better counters where fresh shorts could be initiated

  7. Hello Dr.Priyanka, can you throw some insight on Strides Shasun…is it trading in oversold zone and ripe for a good upmove? Also any notable short stocks as markets have been on a upward spiral for the last 2 weeks. Your valuable analysis plz. Thanks

    1. Hello,
      Strides Shasun is looking very weak , would not be an appropriate pick for short term.
      Would be sharing shorting oppurtunities as and when the market momentum would shift. As of now, market is an bullish momentum so aggressive shorting not advisable.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.